How has been the historical performance of Visagar Polytex?

Answer:The historical performance of Visagar Polytex shows a significant decline in net sales and profitability over the years, culminating in a complete halt in operations by March 2025.

Breakdown:
Visagar Polytex's net sales peaked at 53.83 Cr in March 2019 but have since experienced a downward trend, dropping to 0.00 Cr by March 2025. Total operating income followed a similar trajectory, decreasing from 53.83 Cr in March 2019 to 0.00 Cr in March 2025. The company's total expenditure, excluding depreciation, also saw a decline, falling from 51.52 Cr in March 2019 to 0.65 Cr in March 2025. Operating profit (PBDIT) turned negative, with losses increasing from -0.05 Cr in March 2023 to -0.63 Cr in March 2025. Profit before tax and profit after tax also reflected this negative trend, with losses of -1.78 Cr and -1.66 Cr respectively in March 2025. The company's total assets decreased from 33.77 Cr in March 2020 to 7.03 Cr in March 2025, while total liabilities reduced from 35.06 Cr in March 2021 to 6.35 Cr in March 2025. Cash flow from operating activities remained stagnant, with no cash inflow reported since March 2020. Overall, the financial data indicates a severe decline in the company's operational viability and financial health over the years.